Applicants are required to comply with the following financial criteria upon submitting their MM2H application:
Age 35 - 49
Age 50 +
After Approval
Successful applicants are required to comply with the following Fixed Deposit placement upon obtaining the conditional approval letter from the Malaysia Immigration Department
Age 35 - 49
Fixed Deposit
Applicants are required to open a fixed deposit account of RM1,000,000
Add-on Dependent (Fixed Deposit)
Applicant are required to top-up RM50,000 per dependent applicant
Withdrawal
Once the fixed deposit account has matured after a period of one year, participants who fulfills the fixed deposit criteria can withdraw up to RM500,000 based on any of the reasons of house purchase, medical expenses and children's education fees.
Minimum Balance of Fixed Deposits
The applicant must maintain a minimum balance of RM500,000 in their fixed deposit accounts from the second year onward throughout their stay in Malaysia with bank interest earned. This amount can be withdrawn fully only if the MM2H visa is terminated.
Age 50 +
Fixed Deposit
Applicants are required to open a fixed deposit account of RM1,000,000
Withdrawal
Once the fixed deposit account has matured after a period of one year, participants who fulfills the fixed deposit criteria can withdraw up to RM500,000
Minimum Balance of Fixed Deposits
The applicant must maintain a minimum balance of RM500,000 in their fixed deposit accounts from the second year onward throughout their stay in Malaysia with bank interest earned. This amount can be withdrawn fully only if the MM2H visa is terminated.
Take Notes
Currency
Successful applicants must open their Fixed Deposit in Ringgit Malaysia (RM) only
Approval
Applicants need to obtain approval from Ministry of Tourism before withdrawing money from their Fixed Deposit account
Termination
Participants under this program may withdraw their entire Fixed Deposit anytime should they choose to terminate their MM2H Visa and their stay in Malaysia. However, they must obtain prior approval from the Ministry of Tourism
Medical Check-Up
All applicants and their dependents (Spouse and children) must submit a medical report from any private hospital or registered clinic located in Malaysia once their MM2H Visa is approved
Medical Insurance
Approved applicants and dependents (spouse and children) must have a 12-month validity medical insurance policy that is applicable in Malaysia. This is not required for applicants above 60 years old